Hyundai Motor India (HMIL) plans to manufacture and launch a diesel variant of the i10 next year.

Hyundai Motor India (HMIL) has announced it will manufacture and launch a diesel variant of the i10 next year. This would follow the recent global launch of the i10 in India. Hyundai officials also announced that exports of the diesel i10 would commence from India earlier than the domestic launch.

‘We will start manufacturing the diesel (1.1 litre engine) variant of i10 sometime in 2008 and would be first exported and later on will launch here for the domestic market,’ Managing Director, HMIL, HS Lheem said, adding that the company will also double its production to six lakh units per year from 2009, thereby increasing the export also by three lakh vehicles a year.

Lheem said the company will also rev up its R&D centres in the country and will invest $40 million in its Hyderabad centre with another in-line in Chennai. All these steps would help the company account for 30 percent of Hyundai’s global...

Last Update on : February 4, 2008   

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